2011-08-31 Four Reasons Gold Remains a Safe Haven
NEW YORK (TheStreet ) -- Gold is still a safe haven for investors, it's just taking on a new look that some may find uncomfortable -- volatility.Gold prices have had a turbulent summer -- rallying more than $350 in 4 months to then fall 11% from thei - Click for more...Gold Prices Rally After Bernanke Hints at Stimulus
NEW YORK (TheStreet ) -- Gold prices were staging a rally, shrugging off an almost three-day selloff, after Ben Bernanke left the door open for more monetary easing..Gold for December delivery was adding $20.70 to $1,783.90 an ounce at the Comex divi - Click for more...Gold Bruised But Bullish
By John Dobosz, Forbes StaffGold has taken two days of body blows but the bull still breathes. After peaking briefly above $1,900 per ounce on Monday and Tuesday, the price of gold on Wednesday accelerated its slide that began the day before.Sp - Click for more...Standard & Poor's Downgrades Los Angeles
LOS ANGELES (AP) -- The city of Los Angeles will no longer hire Standard & Poor's to rate its $7 billion general investment pool because the firm recently downgraded the city's portfolio from AAA to AA.Interim Treasurer Steve Ongele says the city - Click for more...Obama job rating sinks below 40% for first time
President Obama's summer woes have dragged his approval rating to an all-time low, sinking below 40% for the first time in Gallup's daily tracking poll. New data posted Sunday shows that 39% of Americans approve of Obama's job performance, whil - Click for more...2011-08-15 "Dead" for 40 Years: The Gold Standard Is Back
With a De-Facto Gold Standard in Place...Is It Time For Bretton Woods 2.0? - In the aftermath of World War II, international finances were tied to the US dollar, which was backed by gold. It was known as the Bretton Woods system and it helped s - Click for more...United States loses AAA credit rating from S&P
NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday in an unprecedented reversal of fortune for the world's largest economy.S&P cut the long-term U.S. credit rating by one notch to AA-p - Click for more...